Privacy Policy
Privacy Policy for FOXBIT AI.
At FOXBIT AI, one of our main priorities is the privacy of our visitors. This Privacy Policy document contains types of information that is collected and recorded by FOXBIT AI and how we use it.
Privacy Policy & Compliance Statement
1. Introduction
At [ FoxbitAi trading ], we are committed to protecting your privacy and ensuring the highest level of security for your personal and financial data. This policy outlines how we collect, use, and protect user information and our strict compliance with Anti-Money Laundering (AML) regulations as mandated by the Securities and Exchange Commission (SEC)and other applicable regulatory bodies.
2. Information We Collect
We collect user data for account creation, verification, transaction processing, and compliance purposes. This includes, but is not limited to:
- Full name, contact information, and identification documents
- IP address, device information, and geolocation
- Transaction and wallet details
3. Use of Information
Your data is used solely for:
- KYC/AML verification
- Secure transaction processing
- Account management
- Compliance with legal and regulatory requirements
4. AML Compliance
We strictly enforce all Anti-Money Laundering (AML) and Know Your Customer (KYC) policies. Any user involved in:
- Transferring funds to or from third-party accounts
- Structuring transactions to evade reporting thresholds
- Attempting to launder illicit funds
will be flagged and subject to investigation.
5. Violations and Penalties
Failure to comply with our AML policies or SEC regulations will result in:
- Permanent account suspension
- A non-refundable compliance penalty ranging from 199$ to 299$ depending on the age and activity level of the account
6. Data Protection
All personal data is encrypted and stored securely. We do not sell or share user data with third parties, except as required by law or regulatory authorities.
7. User Responsibilities
Users must:
- Provide accurate, up-to-date information
- Avoid using third-party accounts for deposits or withdrawals
- Promptly respond to compliance requests
8. Updates to Policy
We reserve the right to update this policy as needed to remain compliant with new regulations or operational needs. Users will be notified of significant changes.
9. Contact
For questions or compliance-related concerns, please contact us via mail
If you have additional questions or require more information about our Privacy Policy, do not hesitate to contact us through email at Foxbitaiofficialmail@gmail.com.